Obama’s reign of terror certainly didn’t help, but big companies have been laying off older workers (older as in, in their fifties) for decades. It sucks. I have never considered myself a populist raging against the rich, but after the last 10 years, I have considered buying a pitchfork and a torch.
And against the law if based on age.
Yep. They just went through this at a company where I was a Middle Manager. I retired in 2016 at 56.
Two short years later, after my well-trained underlings did a bang-up job and made a LOT of money for them it was, OUT with the ‘old’ and in with the cheap & clueless, ‘new.’
It was awful, but everyone laid off survived and is better off for it, now. Our area is clamoring for workers of any age with actual ‘skills.’